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22-Unit Apartment Building
For Sale
Contact for pricing
Pending

3745 W Argyle St, Chicago, IL 60625

A renovated 22-unit apartment building with in-unit laundry, individual HVAC, and updated kitchens.

Property SizeContact for details
Days on Market479

Property Features for 3745 W Argyle St

General Information

Standard status Pending
Property subtype Multifamily
Zoning RS-3

Additional Details

Heavy Power Yes
Multifamily Units 22

Building Details

Year Built 1921
Year Renovated 2009
Buildings 1
Units 22
Tenancy Multi
Listing Agency: Essex Realty Group
Listed By: Steven Livaditis · License #IL
Source: Crexi
Added: May 19, 2025 Changed: Aug 8 Last Checked: Jul 24 at 5:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essex Realty Group

Investment Insights

Based on property information with market context.

This offering is a 22-unit apartment building with a unit mix that includes one-bedroom, two-bedroom/two-bathroom, and three-bedroom duplex apartments. Renovations completed in 2009 included upgraded kitchens with custom cabinetry, stainless steel appliances, granite countertops, microwaves, and dishwashers, along with hardwood floors throughout. Each unit features in-unit laundry and an individual HVAC system, and many apartments benefit from abundant natural light, with some units offering sunrooms that can be used for additional living space. Property improvements also include new double-hung vinyl windows, copper plumbing throughout, a 1200 AMP main electrical service with individual panels, tuckpointing, a Lochinvar hot water boiler, and rear porches.

The building is located at the corner of W. Argyle St. and N. Ridgeway Ave. in Chicago’s Albany Park neighborhood.

Under current management, revenue has increased by nearly 60% over the past seven years, with additional projected upside noted in the remarks through aligning current rents with market rates.

Key Highlights

  • Renovated 22‑unit apartment building (built 1921) at the corner of W. Argyle St. & N. Ridgeway Ave. in Chicago’s Albany Park neighborhood
  • $2 million renovation completed in 2009, including new double‑hung vinyl windows, copper plumbing, tuckpointing, and rear porches
  • Updated kitchens with custom cabinetry, stainless steel appliances, granite countertops, microwaves, and dishwashers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency Hotel & Motel Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Multi-tenant
Tenancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A renovated 22-unit apartment building with in-unit laundry, individual HVAC, and updated kitchens.
Where is this apartment building located?
The property is located at 3745 W Argyle St Chicago, IL.
What are key features of this property?
This property features: Renovated 22‑unit apartment building (built 1921) at the corner of W. Argyle St. & N. Ridgeway Ave. in Chicago’s Albany Park neighborhood; $2 million renovation completed in 2009, including new double‑hung vinyl windows, copper plumbing, tuckpointing, and rear porches; Updated kitchens with custom cabinetry, stainless steel appliances, granite countertops, microwaves, and dishwashers
(312) 935-1050 Call to check price and availability
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